You've sold all your junk. Emptied your attic. Sold your
Grandmas antiques. What's left to sell? How can you start making
a more regular and reliable part-time income?
OK, selling unused stuff that has been hanging around your house
is a great way to start your eBay trading.
Like most eBay traders you then probably check out places such
as car boot sales, charity shops, thrift shops, garage sales
etc. Again these are great places to pick up one off items and
make a good profit on eBay.
The reason that you make a good profit is because the item that
you are selling is fairly unique and there will be little if any
competition in the eBay market place.
One of the down sides of these 'second-hand' items is that they
are all different, it's difficult for you to specialise in one
item, and they all require different types of eBay descriptions.
They also require different sized and types of packaging. In
fact, dealing in these types of items can turn into a full time
job, very soon the fun aspect goes out the window.
Eventually, after being on eBay for a while and studying other
sellers, you see that some people are getting a high feedback by
repeatedly selling the same item, usually with the "Buy It Now"
option. These are things such as DVDs, CDs, Videos, virtually
any type of items that you can find in normal shops.
What these people are doing is buying the items in bulk from
wholesalers and reselling at a profit on eBay. However, because
everyone has access to the wholesalers, you will no longer have
a unique product. This means that you will have competition
which means much lower profits for you. I've seen some "eBay
Power Sellers" that sell over 30 DVDs per day at about $3 each.
That sounds like a lot of work and administration for probably
not a huge profit.
It would be nice if you could find an item that is somewhere in
between the above to ways of selling on eBay.
Would you be interested in an item that has the following
benefits?
Currently over 4000 of these items sell each week on eBay, so
it's a big market. You can pick up the items really cheap in
most towns, you'll even find them in those garage sales and
thrift shops, but you've been ignoring them!
The items are all roughly the same size, so you can standardise
on your packaging.
The mark up profits can be phenomenal, perhaps 200% to 800%.
The item that I make a great part time income from is
second-hand books. OK don't yawn, it may sound boring, but that
boredom soon goes when I buy a book for around $20 and resell it
on eBay for $80.
Each second-hand book is fairly unique, like selling junk, thus
there is little competition and that means I can make a good
profit.
The main difficulty with selling second-hand books is knowing
which ones sell for the most profit. For example you don't want
to buy books for $10 that can only be resold for $15. You could
study eBay on a regular basis and make notes of what books are
being sold for a high price. This would take you months of
research and you would still have a limited list. Alternatively
you could visit
http://www.books2profit.com
About the author:
Copyright 2005 Stephen Webb Stephen Webb is a freelance author
for
www.books2profit.com If you would like to know more about
selling second-hand books on eBay click this link:
http://www.books2profit.com
